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Happy Retirement Planning Why Plan for Retirement? Because you can’t afford not to! – Retire your worries by Investing Right: To protect your family against Financial Risks -> Early Death -> Critical Illness -> Accidents causing disability To Reduce or eliminate Personal Debt -> Rationalize your EMI Linked purchases -> Reduce credit card debt -> Stop unnecessary acquisitions To Enjoy the same quality of life after retiring. To give your Children Everything they need. A Great Education, wedding, dream house of small family and may be help to start a business To pay for Serious Medical expenses. You may not be eligible for Health Insurance once you are older or above 60 years of age. To leave a Legacy after you are gone. Make sure your kids are happy with their inheritance! Many people opt for premature retirement, much before they are 60 years of age. So how can you save money to retire in comfort and style? 1. Kick start planning 2. Invest Right 3. The power of compound interest Compound Interest is the strongest force in the Universe. Compound interest can be defined as interest calculated on the initial principal and also on the accumulated interest of previous periods. Think of it as the cycle of earning “interest on interest” which can cause wealth to rapidly snowball. Compound Interest will make a deposit or loan grow at a faster rate than simple interest, which is interest calculated only on the principal amount. Compound interest favors those who start early, which is why it pays to start now. It’s never too late to start — or too early. A combination of return and time can compound WEALTH at an un-imaginable rate. If you want to easily accumulate wealth and take advantage of the magic of compound interest, it’s important to start early and be consistent. That’s the power of compound interest and why it pays to start saving now.